BSB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0322%/8h= −35.2% APRnext payment −$1.61 per $10,000 · paid last 24h −0.029%

Price spread now: BloFin against Gate−0.113%108s7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$566as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$5545.544% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$11 on $10k

Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.113%, 7d avg +0.048%

Together, before fees+0.165%+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.161% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.048%). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BSB_USDT	0.1058	0.0430	pay 0.0215% / 4h	29m 26s	$652K	$143K	20x
Short	BloFin BSB-USDT	0.1057	0.0108	get 0.0054% / 4h	29m 26s	$272K	$42K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now −0.113%Rate

Funding earned: −$67.6
Price spread: −0.113% → +0.048%: −$16.14
Slippage, 4 orders: −$527.43
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$638.17
Costs to cover: 5.544%
Break-even: never at this rate

Slippage from Gate: live order book, 27 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 27 min ago	11.86 bp	411.0 bp −$411	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	2.37 bp	30.4 bp −$30	doesn't fit	doesn't fit	doesn't fit

BSB on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BSBUSDT	+0.0100%	4h	0.1056	−0.217%	$2.9M	$787K	25x	as long as short
OKX BSB-USDT-SWAP	+0.0100%	4h	0.1056	−0.236%	$1.2M	$2.0M	10x	as long as short
KuCoin BSBUSDTM	+0.0100%	4h	0.1056	−0.236%	$496K	$129K	10x	as long as short
Bitget BSBUSDT	+0.0100%	4h	0.1055	−0.255%	$3.4M	$870K	10x	as long as short
Variational Omni BSB	+0.0100%	4h	0.1055	−0.310%	$2K	$2K	—	as long as short
SunX BSB-USDT	+0.0100%	4h	0.1057	−0.057%	$1K	$947K	10x	as long as short
BloFin BSB-USDTshort	+0.0108%	4h	0.1057	−0.113%	$272K	$42K	10x
BingX BSB-USDT	+0.0132%	4h	0.1056	−0.151%	—	$1.7M	—	as long as short
Extended BSB-USD	+0.0152%	1h	0.1056	−0.234%	$3K	$173K	5x	as long as short
MEXC BSB_USDT	+0.0152%	4h	0.1056	−0.198%	$1.1M	$168K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BSBUSDT	+0.0171%	4h	0.1056	−0.157%	$6.1M	$3.5M	10x	as long as short
Aster BSBUSDT	+0.0263%	4h	0.1055	−0.265%	$29K	$16K	5x	as long as short
Gate BSB_USDTlong	+0.0430%	4h	0.1058	long leg	$652K	$143K	20x